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CISD & Projections Boss

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This is a CISD (Change in State of Delivery) indicator with Fibonacci-style projections. Here's what it does:
Core Functionality
1. Pivot Detection

Uses Williams Fractal logic to identify swing highs and lows based on your specified pivot strength
Can use either candle bodies or wicks for calculations

2. CISD Detection
The indicator identifies "Change in State of Delivery" moments - institutional trading concept where:

For bullish CISD (CISD+): Finds a swing low, then looks backward to identify the preceding series of bearish candles. When price breaks above this bearish series, it marks a CISD+ (change from bearish to bullish delivery)
For bearish CISD (CISD-): Finds a swing high, then looks backward to identify the preceding series of bullish candles. When price breaks below this bullish series, it marks a CISD- (change from bullish to bearish delivery)

The CISD line is drawn from the start of the series to the breakout point at the series extreme (high for bullish, low for bearish).
3. Range Projections
Once a CISD is confirmed, the indicator:

Calculates the range of the broken series (high - low)
Projects multiples of that range as potential targets
Default levels are 1x, 1.5x, 2x, 2.5x, 3x, and 4x the series range
Bullish projections extend upward from the CISD+ line
Bearish projections extend downward from the CISD- line

Visual Elements

CISD lines (thick lines in blue for bullish, red for bearish)
Projection levels (thinner horizontal lines extending from the breakout point)
Labels showing the multiplier for each projection level
Optional pivot shapes to mark swing points

This is essentially tracking institutional "order flow changes" and projecting measured moves based on the size of the broken delivery pattern - very much in line with ICT (Inner Circle Trader) concepts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.